However, economic growth is expected to pick up in the medium to long term as a result of the reform initiatives being taken by the interim government.
Growth will be in the range of 3.2%-5.2% for the fiscal year 2024-2025 with a mid-point at 4%, the multilateral lender said citing the “lack of reliable data.”
In its updated report, World Bank said, “The wide range of the growth projection reflects the lack of available or reliable data in recent months, and significant uncertainties around the political and economic outlook following the recent political turmoil.”
